Chap. 0067 An Act to make redeemable obligations of the united states eligible investments for common trust funds.

Whereas, The deferred operation of this act would postpone purchases of certain United States bonds by common trust funds and to that extent would impede the war effort, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.

Be it enacted, etc., as follows:

Chapter two hundred and three A of the General Laws, inserted by chapter four hundred and seventy-four of the acts of nineteen hundred and forty-one, is hereby amended by adding at the end the following section: - Section 11. For purposes of this chapter, obligations of the United States, which by their terms are redeemable by the United States, including, without limiting the generality of the foregoing, United States Savings Bonds Series G, shall be considered readily marketable.

Approved March 5, 1945.